Blurt Economic Indicators - 13 August 2023

My weekly look at Blurt's economic indicators.

All rises and falls are relative to last week.

Blurt Economic Indicators

BLURT Supply = 509.51 million (+750k)
Vested BLURT (BP) = 57.8% (+0.0)
BP Voting Capacity = 52.3% (-0.5)

Reward Pool = 1.974 million BLURT (+0.007M)
Recent Claims = 229.2 TRshares (-3.5T)

Vote Yield estimate (100k BP) = 18.1% APR (+0.2)

Author/Curation Yield estimate = 9.0% APR (half of the Vote Yield)

SWAP.HIVE:SWAP.BLURT Average Yield = 9.5% APR (BeeSwap)

You can also see the raw numbers on a blockchain explorer.

Tutorial: Blurt Economic Indicators Explained

Insights

There were some RPC issues during the past week, and these are reflected in the economic numbers. We can see this in the slight drop in voting capacity, as well as the lower recent claims. The effect has been about 1% of the usual activity, so looks like users have been able to do more in less time, although some will have reached 100% VP; the inability to go beyond 100% is the real effect of temporary access issues.

The incentive yield in the HIVE:BLURT pool has decreased a bit, yet remains above the curation yield; still a valid passive source of income. There is also a daily bonus of 1% so that individual yields increase for longer staking.

Any questions, just ask.

BLURT Prices

We now have a BLURT price feed within the Blurt wallet, so I shall show the difference between our BLURT feed estimate and the BLURT pool price.

BLURT feed: $0.0029 (+0%/week)

BLURT in SWAP.HIVE:SWAP.BLURT pool: $0.0028 (-3%/week)

BLURT price has been stable, to slightly down, this week in USD terms but flat to higher in BTC terms. Now trading within a narrow range of around 8-11 satoshis.

Note that any swap pool price will not necessarily reflect open market prices. A swap price will only change when there is an actual trade; buying SWAP.BLURT will increase the price and selling will lower it. There are no "open orders", so every transaction will have an effect. This is how arbitrageurs make their money: buying and selling price discrepancies across different markets.

I hope these numbers will give members some insights into how the Blurt economic system is managed and, more importantly, how each individual user can both benefit from and affect the whole chain.

Blurt Better!

---

Buy BLURT on Probit, Ionomy, Hive-Engine.

---